Singapore adopts improved IASs and revised IASs 32 and 39
27 Apr 2004
The Singapore accounting standard-setter – the Council on Corporate Disclosure and Governance (CCDG) – has approved revised standards comparable to those issued under the IASB's Improvements Project, except for IAS 40 Investment Property.
The CCDG has also approved revised standards comparable to the revised IAS 32 and IAS 39. The new standards issued by the CCDG contain a few departures from the equivalent revised IASs:
These improved FRSs will be effective for financial periods beginning on or after 1 January 2005. There's more information at the CCDG Website.
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